Redeemable Preferred Units definition

Redeemable Preferred Units means any Preferred Units for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 3.13.
View Source
Redeemable Preferred Units means the redeemable preferred units of limited liability company interests of the Surviving Operating Company, the rights and terms of which are generally described in Exhibit E attached hereto.
View Source
Redeemable Preferred Units means the Redeemable Preferred Units issued by Sponsor Member pursuant to the terms of the Sponsor Member LLC Agreement.
View Source

Examples of Redeemable Preferred Units in a sentence

  • Except for the 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership, 5.625% Series C Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units and the Series 2 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.

  • A series of Partnership Units in the Partnership designated as the 7.75% Series D Cumulative Redeemable Preferred Units (the "Series D Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 7.95% Series J Cumulative Redeemable Preferred Units (the "Series J Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 7.75% Series E Cumulative Redeemable Preferred Units (the "Series E Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 8 1/2% Series A Cumulative Redeemable Preferred Units (the "Series A Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 7.95% Series K Cumulative Redeemable Preferred Units (the "Series K Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 6 1/2% Series L Cumulative Redeemable Preferred Units (the "Series L Preferred Units") is hereby established.

  • Except for the 5.875% Series A Cumulative Redeemable Preferred Units of the Operating Partnership, 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.

  • A series of Partnership Units in the Partnership designated as the 8 3/4% Series C Cumulative Redeemable Preferred Units (the "Series C Preferred Units") is hereby established.

  • A series of Partnership Units in the Partnership designated as the 7.95% Series F Cumulative Redeemable Preferred Units (the "Series F Preferred Units") is hereby established.


More Definitions of Redeemable Preferred Units

Redeemable Preferred Units means any Preferred Units for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 3.13. “Registration Statement” means the Registration Statement on Form S-1 (Registration No. 333-174993), as it has been or as it may be amended or supplemented from time to time, filed by the Company with the SEC under the Securities Act to register the offering and sale of the Class A Units in connection with the initial underwritten public offering of Class A Units. “Reference Number of Units” means 65,067,661 Oaktree Operating Group Units, increased as of any applicable date of determination by the number of Post-Closing Oaktree Operating Group Units (if any) that have actually been issued as of such date of determination. “Removal Reason” means, with respect to a Founding Co-Chairman, the occurrence of any of the following events during the term of such Founding Co-Chairman’s provision of services to the Company Group: (i) gross negligence or willful misconduct that is materially detrimental to the Company Group, (ii) conviction of, or entry of a plea of guilty or of no contest to, a felony (other than a motor-vehicle-related felony for which no custodial penalty is imposed), or any crime involving moral turpitude, (iii) material breach or violation of any agreement with the Company Group, any restrictive covenant applicable to such Founding Co- Chairman, or any written Company Group policy generally applicable to Company Group employees (including, without limitation, with respect to sexual harassment) that is materially detrimental to the Company Group and that the applicable Founding Co-Chairman has not cured (but only to the extent such breach or violation is, by its nature, curable) within 10 Business Days following written notice specifically identifying such breach or violation from the Company to the applicable Founding Co-Chairman, (iv) fraud, embezzlement, theft, or any material act of dishonesty relating to the Company Group, or (v) entry of a final and nonappealable order issued by any court or regulatory agency removing such Founding Co- Chairman as an officer of the Company Group or prohibiting such Founding Co-Chairman from participation in the conduct of the affairs of the Company Group. “SEC” means the U.S. Securities and Exchange Commission. “Second Amended Agreement” has the meaning assigned to such term in the Recitals. “Second Merger” has the meaning assigned to such term in the Recitals. “Securities Act” means ...
View Source
Redeemable Preferred Units means the 8% Cumulative Redeemable Preferred Units having the characteristics of Redeemable Preferred Units set forth herein.
View Source

Related to Redeemable Preferred Units

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Redeemable Stock means, with respect to any Person, any Capital Stock which by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event (i) matures or is mandatorily redeemable pursuant to a sinking fund obligation or otherwise, (ii) is convertible or exchangeable for Indebtedness (other than Preferred Stock) or Disqualified Stock or (iii) is redeemable at the option of the holder thereof, in whole or in part.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Series A Convertible Preferred Stock means the Company’s Series A Convertible Preferred Stock, par value $0.0001 per share.

  • Mandatorily Redeemable Stock means, with respect to any Person, any Equity Interest of such Person which by the terms of such Equity Interest (or by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the happening of any event or otherwise, (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than an Equity Interest to the extent redeemable in exchange for common stock or other equivalent common Equity Interests at the option of the issuer of such Equity Interest), (b) is convertible into or exchangeable or exercisable for Indebtedness or Mandatorily Redeemable Stock, or (c) is redeemable at the option of the holder thereof, in whole or part (other than an Equity Interest which is redeemable solely in exchange for common stock or other equivalent common Equity Interests), in the case of each of clauses (a) through (c), on or prior to the Maturity Date.